Overview
What is World Boxing Council Inc?
World Boxing Council Inc, established in 1963, serves as a nonprofit organization primarily dedicated to improving and regulating the sport of boxing. Their mission involves creating and enforcing uniform rules for boxers, promoters, and their representatives, as well as conducting educational and charitable activities for the welfare of active and retired boxers. By setting standards and overseeing competitions, the World Boxing Council aims to ensure fairness and safety within the sport. Moreover, they extend their support to retired boxers in need, providing financial aid and supplementary resources.
Official website here: www.wbcboxing.com
Is World Boxing Council Inc legitimate?
World Boxing Council Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. World Boxing Council Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $965,787
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Official website here: www.wbcboxing.com
What is the mission statement of World Boxing Council Inc?
The World Boxing Council Inc, established in 1963, serves as a non-profit organization with a mission to foster unity, efficiency, and harmony in the control and supervision of professional boxing. Beyond regulating the sport, the council also focuses on charitable endeavors. Its primary mission is to aid retired boxers who find themselves in need, offering financial assistance to supplement their living expenses. In addition to these efforts, the World Boxing Council enhances the sport of boxing by establishing and enforcing rules applicable to boxers, promoters, and their representatives. Furthermore, the organization engages in educational and charitable activities, primarily benefiting both active and retired boxers.
Official website here: www.wbcboxing.com
Who is the CEO of World Boxing Council Inc?
Mauricio Sulaiman is the President of World Boxing Council Inc.
Official website here: www.wbcboxing.com
What is the revenue of World Boxing Council Inc?
World Boxing Council Inc's revenue in 2022 was $5,140,011.
Official website here: www.wbcboxing.com
Who are the executives of World Boxing Council Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wbcboxing.com
Where can I find the form 990 for World Boxing Council Inc?
World Boxing Council Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wbcboxing.com
Learn more at the official website: www.wbcboxing.com
Mission Statement of World Boxing Council Inc
The World Boxing Council, established as a non-profit organization in 1963, has a mission to promote unity, efficiency, and harmony in the control and supervision of professional boxing on a global scale. Recognizing the needs of retired boxers, this organization also aims to provide financial assistance to those in need, serving as a source of supplementary support. To fulfill its objectives, the World Boxing Council focuses on creating and enforcing rules applicable to boxers, promoters, and their representatives. Additionally, it conducts various educational and charitable activities, all geared towards enhancing the sport of boxing and supporting the well-being of both active and retired boxers.
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Impact
October, 2024
The World Boxing Council (WBC) has significantly influenced the sport of boxing since its establishment in 1963, striving for uniformity, efficiency, and harmony in the control and supervision of professional boxing. By creating and enforcing rules applicable to boxers, promoters, and their representatives, the WBC enhances the integrity of the sport and promotes fair play.
Additionally, the WBC is dedicated to the welfare of fighters, both active and retired, recognizing the challenges that many face within the boxing community. Through its charitable activities, the organization provides vital support to retired boxers in need, ensuring they receive assistance and financial supplementation. This commitment not only improves the quality of life for many athletes but also fosters a sense of responsibility and care within the boxing industry. Overall, the WBC plays a critical role in shaping the landscape of professional boxing, ensuring it remains a respected and safe sport.
This information is meant to be a general summary of World Boxing Council Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $4,875,470
- Gross Receipts: $5,140,011
Assets and Liabilities:
- Total Assets: $2,055,120
- Total Liabilities: $177,321
- Net Assets: $1,877,799
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Administrative Fees
Revenue
$206,457
Championship belts
Revenue
$166,100
Certification Fees
Revenue
$2,896,485
Promoters Annual Dues
Revenue
$98,000
Organization Details
Founding Year
1963
Principal Officer
Mauricio Sulaiman
Main Address
2688 SW 137th Avenue, Miami, FL, 33175
Website
www.wbcboxing.comNTEE Category
Code: N64 - Recreation
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